Michael John Dell’ Olio—Dishonest and Unethical Practices, Including Borrowing from Clients

investment fraud lawyersMichael John Dell’ Olio Allegedly Engaged in Dishonest and Unethical Practices, Including Borrowing from a Client, Making False Statements, and Forging Documents

Michael John Dell’ Olio, formerly of North Atlantic Securities, LLC, allegedly engaged in dishonest and unethical practices, including borrowing from a client, making false statements, and forging documents, according to a Complaint from FINRA’s Department of Enforcement.

Dell’ Olio first entered the securities industry in 1993, and he worked at various firms before joining FINRA member firm North Atlantic Securities, LLC in 2003 as a general securities rep, FINRA notes. Dell’ Olio, the Complaint further explains, remained registered with FINRA through North Atlantic until December 26, 2012, and has not since been registered with any FINRA member.

Michael John Dell’ Olio Barred by FINRA from Associating with any FINRA Member Firm in any Capacity

Regarding the aforementioned and alleged misconduct, FINRA sent multiple notices to Dell’ Olio and served him with a Complaint and Notice of a Complaint, according to FINRA.

Dell’ Olio refused to respond to requests that he appear and provide testimony, and thus violated FINRA Rules by failing to provide testimony in response to these requests, according to the Complaint.

As Dell’ Olio allegedly violated FINRA Rules, FINRA has decreed that a bar from associating with any FINRA member firm in all capacities is the appropriate sanction, according to a Complaint from FINRA’s Department of Enforcement.

The Peiffer Rosca Wolf Securities Lawyers Often Represent Investors

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of unethical broker practices. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of unethical broker practices may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1180 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.